FORWARD Re: [Sigia-l] errors & omissions insurance for IAs

[Richard Hill]

[Forwarded because of HTML for Fred Leise.  Dick Hill

One of the reasons I incorporated last year was specifically because a 
large company who wanted to work with my team would only work through a 
corporation (in my case an LLC) and one with insurance. So I bit the bullet 
and found a lawyer for the incorporation. I also found a good online source 
for E&O insurance: ccbsure.com, which specialized in insurance for 
technology companies.

The E&O policy I ended up with is through Chubb, a well respected insurance 
company. The policy was for $1 million, with a $2 million umbrella. While 
not cheap, the policy was nowhere near the $5,000 you mentioned. But it was 
certainly worth it to get the job.

I'd be happy to answer any additional questions offline.

Fred

Fred Leise
Information Architect/Metadata Designer/Indexer
<http://www.contextualanalysis.com/>www.ContextualAnalysis.com
773-561-1993

Executive Director
American Society for Information Science and Technology
1320 Fenwick Lane, Suite 510
Silver Spring, MD  20910
FAX: (301) 495-0810
PHONE: (301) 495-0900

http://www.asis.org